China State Council issues opinion on deepening insurance reforms, preventing risk
September 12 2024 by Georgina Lee
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MS Amlin expands in Australia with Sydney office, appoints head of ANZ
- March 31
New office will be led by Matt Botfield, who joins carrier from Aon.
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China Re’s P&C net profit up 69% to US$716m, COR deteriorates to 99.86%
- March 31
Net profit from domestic primary P&C insurance business quadruples to US$206m.
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Myanmar’s protection gap exposed as 7.7-magnitude earthquake death toll tops 1,600
- March 31
The financial burden from the damage to buildings, airports, roads and bridges, is likely to fall on businesses and the government as insurance penetration in the country remains very low.
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Mitsui Sumitomo agrees to acquire 15% in WR Berkley for about US$3.8bn
- March 28
Japanese insurer will buy the shares through open market purchases or private transactions with third parties and expects to complete the acquisition by March 2026.
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Aon | Navigating shifts in the global and Asia insurance markets
Neelay Patel, Aon head of growth for Asia, says the market in Asia is at an ‘interesting stage of the cycle’.
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Sompo | Accelerating Sompo Group’s sustainable growth through the evolution of the P&C business
Sompo Holdings is taking significant steps to enhance its organizational structure and business strategy to achieve its ambition to become a Japan-born truly global company.
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Allianz Life | Reaching for excellence through empowering people
Fostering strong customer relationships, nurturing community well-being and championing employee development through innovative insurance solutions to shape a brighter shared future for all.
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WTW | Navigating a complex world with endless possibilities
Living with rising uncertainty from new and emerging risks can be turned into strategic opportunities for businesses.
